$ETH Bullish Setup at Major Demand Zone
Ethereum has corrected sharply from the $2,149 high and is now finding strong support around $1,967. Selling pressure is fading, while buyers continue defending this key demand area, signaling a potential accumulation phase before the next move.
Trade Setup: • Entry: $1,970 - $1,990
• Stop Loss: $1,940
• Target 1: $2,030
• Target 2: $2,080
• Target 3: $2,150
• Target 4: $2,250
Why I'm Bullish: • Strong support holding at $1,967
• Long lower wicks show buyer interest
• Bears failed to break support decisively
• Attractive risk-to-reward near current levels
• Break above $2,030 could ignite fresh momentum
As long as $1,967 remains intact, the bullish structure stays alive. A recovery through resistance could trigger a strong rally toward $2,150+.
Watch the support. Respect the risk. Follow the momentum
#EthereumStakingRatioRecordHigh #BlackRockDepositsBTCAndETHToCEX
